MilDef Group Balance Sheet Health
Financial Health criteria checks 4/6
MilDef Group has a total shareholder equity of SEK835.3M and total debt of SEK278.5M, which brings its debt-to-equity ratio to 33.3%. Its total assets and total liabilities are SEK1.5B and SEK644.6M respectively. MilDef Group's EBIT is SEK79.5M making its interest coverage ratio 3.5. It has cash and short-term investments of SEK113.2M.
Key information
33.3%
Debt to equity ratio
kr278.50m
Debt
| Interest coverage ratio | 3.5x |
| Cash | kr113.20m |
| Equity | kr835.30m |
| Total liabilities | kr644.60m |
| Total assets | kr1.48b |
Recent financial health updates
No updates
Recent updates
MilDef Group AB (publ) Just Reported A Surprise Loss: Here's What Analysts Think Will Happen Next
May 01
Is Now The Time To Look At Buying MilDef Group AB (publ) (STO:MILDEF)?
Apr 19Is Now The Time To Look At Buying MilDef Group AB (publ) (STO:MILDEF)?
Nov 26MilDef Group AB (publ)'s (STO:MILDEF) P/S Still Appears To Be Reasonable
May 06We Think That There Are Issues Underlying MilDef Group's (STO:MILDEF) Earnings
Feb 17A Look At The Fair Value Of MilDef Group AB (publ) (STO:MILDEF)
Dec 22MilDef Group (STO:MILDEF) May Have Issues Allocating Its Capital
Jun 04Financial Position Analysis
Short Term Liabilities: MILDEF's short term assets (SEK705.4M) exceed its short term liabilities (SEK406.2M).
Long Term Liabilities: MILDEF's short term assets (SEK705.4M) exceed its long term liabilities (SEK238.4M).
Debt to Equity History and Analysis
Debt Level: MILDEF's net debt to equity ratio (19.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if MILDEF's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MILDEF's debt is not well covered by operating cash flow (13.4%).
Interest Coverage: MILDEF's interest payments on its debt are well covered by EBIT (3.5x coverage).